PDF Version DemoIn recent years, many people choose to take AICPA FAR certification exam which can make you get the AICPA certificate that is the passport to get a better job and get promotions.
How to prepare for AICPA FAR exam and get the certificate? Please refer to AICPA FAR exam questions and answers on ITCertTest.
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Financial Accounting and Reporting (FAR) Exam Certification Path
Generally, the more familiar you are with the FAR content, the less time you need to study, and the faster you can pass. So, how long will you need to study for FAR? Well, the best you can get is the FAR exam dumps that help you figure out what side of the study time spectrum you're probably on via a deeper investigation into FAR's content. You'll find the content areas, groups, and topics of FAR in the FAR CPA Exam blueprints.
Want to pass FAR fast? Then you'll need to study for 20 hours a week so you can finish your review in 6-8 weeks.
Can't fit that much study time into your routine? Then try studying for 15 hours a week. Doing so will prepare you in 8-11 weeks.
finally, if you can only study for 10 hours a week, you'll be ready for FAR in 12-16 weeks.
So, you can use any one of these study schedules or do anything in between. That's because of how fast you finish your FAR review depends on how much time you have to study in a week. But what's important is that you study consistently so you can stay in study mode and stick to your exam schedule.
For more info read reference:
AICPA FAR Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Select Financial Statement Accounts | 30–40% | - Equity, EPS, and share-based payments - Leases (ASC 842) - Consolidations and business combinations - Pensions and post-employment benefits - Revenue recognition (ASC 606) |
| Not-for-Profit (NFP) Accounting | 10–15% | - NFP financial statements - Revenue and contribution recognition |
| State and Local Government Accounting | 20–25% | - Modified accrual vs full accrual accounting - Fund accounting and governmental financial statements - Budgetary accounting |
| Conceptual Framework, Standard-Setting, and Financial Reporting | 25–35% | - Financial statement presentation - Disclosure requirements - Conceptual framework and GAAP hierarchy |
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